Starting a new year is a good opportunity for employers to review compensation structures to ensure sure they are paying their employees enough to meet the salary thresholds necessary for an employee to maintain their exempt...more
1/14/2025
/ Appeals ,
Compliance ,
Department of Labor (DOL) ,
Executive Compensation ,
Exempt-Employees ,
Fair Labor Standards Act (FLSA) ,
Federal Labor Laws ,
Final Rules ,
Highly Compensated Employees ,
Minimum Salary ,
New York ,
Over-Time ,
State Labor Laws ,
Threshold Requirements ,
Wage and Hour
The U.S. Department of Labor (DOL) announced its highly anticipated final rule, “Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales, and Computer Employees" (the Final Rule),...more
Back in May, New York’s Governor Kathy Hochul signed budget legislation increasing the NY minimum wage beginning January 1, 2024, and continuing through 2026. Further, as part of the legislation, beginning in 2027, and each...more